CSRA Opportunity Zone Fund VIII, managed by Capital Square, has been fully subscribed.
The Regulation D private placement offering, which raised nearly $46.684 million from accredited investors, comprises Livano Knoxville, a 348-unit, class-A multifamily community in Knoxville, Tenn. The project, which is being developed in partnership with LIV Development, broke ground in June 2023 with an expected construction completion date of fall 2025.
“Livano Knoxville is one of the most exciting projects in Capital Square’s history,” said Louis Rogers, founder and co-CEO of Capital Square. “The location of the project is unmatched — across the Tennessee River from University of Tennessee’s Neyland Stadium — in a supply constrained market.”
Located at 451 W. Blount Ave., just south of the Tennessee River and adjacent to the University of Tennessee’s Neyland Stadium, Livano Knoxville will include studio, one-, two- and three-bedroom apartment homes ave